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You are here: Home / Finance / How to Make More Money? Here’s A Proven Plan
How to Make More Money? Here’s A Proven Plan

How to Make More Money? Here’s A Proven Plan

August 29, 2022 By Cade Hildreth Leave a Comment

Want to make more money? Get paid more at your job? And achieve financial freedom? I frequently get asked this question when I share financial tips on Instagram, so here’s the unfiltered truth.

To make more money, you’re going to have to do one think: Skill Up.

Among the highest earners that I know, they are learning machines. So what is “skilling up” and how can you take on this behavior? Let’s dig into that now.

Practical Strategies to Make More Money

Because our economy is based on supply and demand, the skills you learned in school alongside everyone else means the supply for your skill set is going to be too high.

Thus, the question then becomes, is there an extreme market demand for your skill-set? If not, then I’m sorry to say that you’re just not going to command a lot of money in the marketplace. Furthermore, market needs will always evolve faster than academic institutions can response.

For example, with COVID-19 sending everyone to work from home, there is suddenly enormous market demand for people who can help with:

  • Setting up home streaming studios
  • Setting up home audio studios
  • Performing video and audio post-production edits
  • Content syndication – that is, distributing a single piece of content across numerous distribution channels
  • Launching podcasts, including help with hosting, branding, and distribution
  • Running paid media, including running a company’s display ads and social media ads
  • Delivering remote education services
  • Conducting high ticket phone sales – for example, many cars, electronics, and luxuries that require price quotes and customization are now being sold via the phone instead of in person

However, the traditional school systems won’t be able to adjust to these changing market demands for years―if ever.

For this reason, the people who are prepared to self educate themselves through buying courses, watching YouTube videos, attending conferences and finding mentors are going to be the people who thrive financially.

As mentioned above, the highest earning people I know invest heavily in skill acquisition. And remember, an investment can be made in either time or money. It must involve one of these two things or its not a real investment.

How to Get Wealthy

If your goal is to become wealthy, then increasing your earned (active) income so you have more money to invest is a critical first step. If you don’t know where to start, skill-stacking is one of the fastest and easiest ways to command more money in the marketplace.

Skill stacking is the art of combining several “normal” skills to create a unique combination of abilities that are extraordinarily valuable.

Much like a piece of real estate that gets more valuable with each floor that you add, skills are identical. Your earning potential will increase each time you stack a new skill-set on top of your existing capabilities.

Income vs. Wealth

Having emphasized the importance of skilling up to earn more money, it is critical to clarify that jobs are valuable only because they create income. They don’t create wealth. Period.

Wealth comes from stacking multiple flows of income, which is why the average millionaire has 7 (or more) flows of income. Put simply, earned income from skilling up is the driver that will push you into passive income investments.

To earn more money in today’s economy, you don’t need to go back to school. You do need to be willing to learn new skills for which there is high demand to instantly become more valuable.

Easy ways to do that are:

  1. Learn new skills for under $50 on Udemy
  2. Learn new skills on Saylor Academy, where you can take cutting edge college courses for free
  3. Learn new skills on YouTube
  4. Learn new skills from a mentor (usually requires an investment of time but not money)
What questions do you have about how to earn more money? What ideas to you have for others? Share them in comments below.
Want to stay in the loop? Join nearly two million other readers who are learning how to increase their income, invest in real estate, buy and sell crypto, and so much more.
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“As an LGBTQ+ entrepreneur, real estate investor, former USA Rugby Player, and fitness fanatic, I’ll teach you what your parents and teachers should’ve taught you, but didn’t know themselves.” -Cade Hildreth

Want to know what I learned making my first few million? Subscribe here.

Or, listen to Cade’s articles on the go as a Podcast.

Because it’s the New Year, let’s talk about ch Because it’s the New Year, let’s talk about change...

For a long time, I’ve thought about top surgery. I remember when I was 6 or 7 years old when I wanted to run around outside on a hot, sunny day with my shirt off…and I first saw my parents… hesitate. Ughh. 

It wasn’t their fault but I still remember that heart wrenching feeling. To their credit, they ultimately said, “Ok, go do it!” While I did “do it”, I remember the feeling of shame that crept in.

Over the years, being in affirming sporting/rugby circles helped suppress the urge to get top surgery, but it never quite “stayed down.”

So last summer I got keyhole #topsurgery. I’ll talk about recovery in another post because it was definitely weird to not strength train for months.

But in THIS post, I want to share two things:

1. I am SO grateful to my wife Erin for being the supportive and growth oriented partner that she is. 🥰🙏❤️ 

She is now following her call to get a divinity degree and she’s already working in ministry as a Pastor in Training at an incredible, inclusive Presbyterian church here in Virginia. I am grateful to her for supporting me as I become more and more of who I am—and I’m enjoying watching her do the same! Love you, babe!

2. Second, I’m grateful to get to share who I am with my family. This summer we took a trip to Madden’s resort in MN to celebrate my parent’s 50th wedding anniversary. (It was actually their 52nd, because we had to postpone it twice due to Covid.)

I was nervous to be in the pools and lakes around them, but I could feel it was my only choice because I knew I wanted them to “know me”. And, how could that happen if I “hid me”?

Ultimately, I have to tell you…it was freeing to be me, as I am, who I am. 

I had the BEST time splashing around and biking and goofing around with my wife, niece, nephew, & sister. 🌊🏖🐟

So, I suppose, this is a gratitude post to thank those who have supported me over the years as I become more and more of who I am. 

Top of that list is my wife, Erin, but there are countless others. ❤️

If you’re reading this, thank YOU for being one of those people in my life too. I am deeply grateful. 🥹
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#lgbtqfamily #nonbinary
How to set a boundary? 🤔 . . . . #lgbtqia #lgb How to set a boundary? 🤔 
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#lgbtqia #lgbtqcommunity #emotionalhealth
What do you do if you’re telling a past story ab What do you do if you’re telling a past story about someone who has transitioned? 🤔 Share a 💯 if you agree ➡️🏳️‍⚧️🏳️‍🌈
7 things I got clarity on in 2022: 1. Good and b 7 things I got clarity on in 2022: 

1. Good and bad are labels. All things are experiences. 

2. Maturity is taking full responsibility for oneself. 

3. Having a loving, conscious relationship with myself is a core value. 

4. Emotions do not mean that anything has to be done. 

5. When I am in congruence with what I want, I have it. 

6. I have permission from myself to stop doing anything that doesn’t lead to my peace and empowerment. 

7. Stepping toward emotions and being able to feel them is a superpower. It determines the quality of my life. 

(Are there any above that you’d like me to further explain?)
 
Most importantly, which # above resonates with you? ⬆️

Happy New Year, y’all! 🎊🥳
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#lgbtqcommunity #lgbtqiaplus #lgbtsupport #nonbinary #trans #selfgrowth
Interview with Jenny Nguyen, Founder of the Sports Interview with Jenny Nguyen, Founder of the Sports Bra—The World's 1st Bar to Only Play Women's Sports - shorturl.at/doGHZ

I'm excited to introduce you to today's #podcast guest, Jenny Nguyen, who is a professional chef, elite athlete, and entrepreneur.

I invited Jenny onto the podcast because she has done something extraordinary that is long overdue: She has opened up a sports bar that exclusively plays women's sports!

Despite extensive research, Jenny hasn't found another sports bar worldwide that ONLY plays women’s sports.

Given that it's nearly 2023, this is mind-blowing. As a lifelong athlete, I find her vision compelling and inspiring.

Aptly called the "The Sports Bra", the venue is putting Jenny's culinary skills on display alongside women's sports worldwide.

The Sports Bar has taken its mission a even further by partnering with and elevating other local, women-owned businesses.

Specifically, it:

1. Sources its grass-fed beef from @CarmanRanch, an ranch run by Cory Carman, a third gen rancher out of Wallowa, Oregon).

2. Sources its alcohol from Freeland Spirits, an all-women owned and operated distillery out of NW Portland.

3. Has furniture built by @girlsbuild_org, a non-profit organization headed by @ktmhughes in Portland, OR, that teaches carpentry and construction skills to young girls as a path to empowerment.

Since opening the Sports Bra this April, people have come from ALL over the U.S. and the world to experience it—including many professional female athletes.

To learn more about Jenny as she makes history, features women's sports, and elevates women-run businesses, listen to the episode here:

shorturl.at/doGHZ

Or, you can check out the Sports Bra at:

@thesportsbrapdx
TheSportsBraPDX.com/

Have you heard of the Sports Bra or been out to experience it in person?

#lgbtqiaplus #womenownedbusiness #lgbgtqia #lgbtqcommunity #womenssports #womeninsport
Over this recent holiday stretch, we… - enjoye Over this recent holiday stretch, we… 

- enjoyed some quiet time at home
- got a sauna delivered (but not yet installed)
- decorated for the holidays
- baked a bunch
- visited our favorite farm
- did some sight seeing
- and perhaps, most importantly, survived the cold snap along with our feather friends (who lived in the garage for a few days so we could heat them with a space heater) 🥶🐔

How have the holidays treated you…and did you get hit by the winter storms? ❤️🎁☃️❄️
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